Core Viewpoint - The company, Fawer Co., Ltd., has successfully signed an investment agreement with the Green Power Fund, which will provide 20 million yuan to enhance the capital of its subsidiary, Fawer Smart, amidst a challenging lithium carbonate market [1][3]. Group 1: Investment and Capital Increase - Fawer Smart has signed an investment agreement with the Green Power Fund, which will invest 20 million yuan to subscribe for an increase in registered capital of 18.6794 million yuan [1]. - Following the capital increase, Fawer Smart's registered capital will change to 83.6794 million yuan [1]. - The investment aims to support Fawer Smart's operations and development in the battery recycling industry [3]. Group 2: Strategic Importance and Industry Context - The Green Power Fund is established to support the development of the power battery recycling sector in line with the strategic goals of China FAW Group [3]. - The battery recycling industry is expected to grow alongside the increasing production and sales of new energy vehicles, creating a favorable environment for compliant recycling enterprises [3]. - Fawer Smart is recognized as a key player in battery recycling, being the only enterprise in Northeast China on the white list for tiered utilization and a national high-tech enterprise [2].

Core Viewpoint - Fuyao Automotive Parts Co., Ltd. is enhancing its battery recycling ecosystem by increasing capital in Fuyao Smart Energy Technology Co., Ltd. to support the development of a complete battery recycling industrial chain [1][2] Company Summary - Fuyao Smart Energy is wholly owned by Fuyao Automotive and serves as the battery recycling business entity for China First Automobile Group Co., Ltd. [1] - The company is recognized as a national high-tech enterprise and has been designated as a specialized and innovative enterprise in Jilin Province, with competitive advantages in battery assembly product R&D and intelligent battery recycling system construction [1] Industry Summary - The growth in new energy vehicle production and sales is expected to expand the scale of the power battery recycling industry, creating a favorable environment for compliant recycling enterprises [2] - Fuyao Smart Energy aims to attract strategic investors through public listing to enhance its operational capabilities and competitive edge in the "cascade utilization + regeneration utilization" full industrial chain layout [2]